Currency Trading For Dummies
By Brian Dolan
4.5/5
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About this ebook
Forex markets can be one of the fastest and most volatilefinancial markets to trade. Money can be lost or made in a matterof seconds, and forex markets are always moving. So how do you keepup? This hands-on, friendly guide shows you how the forex marketreally works, what moves it, and how you can actively trade in it— without losing your head!
All the world's a stage — get an easy-to-followintroduction to the global forex market and understand its size,scope, and players
Show me the money — take a look at the major fundamentaland economic drivers that influence currency values and get theknow-how to interpret data and events like a pro
Prepare for battle — discover different types of tradingstyles and make a concrete strategy and game plan before you act onanything
Pull the trigger — establish a position in the market,manage the trade while it's open, and close out on the mostadvantageous terms
Open the book and find:
Currency trading conventions and tools
Key characteristics of successful traders
Trading pitfalls to avoid and risk management rules to liveby
How major currencies typically trade
Why it's important to be organized and prepared
The 411 on buying and selling simultaneously
Tips for understanding rollovers and interest rates
Learn to:
Grasp currency quotes
Capitalize on the foreign exchange market
Manage risk and reward
Use the forces that drive currency movements
Identify key traits of individual currency pairs
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Reviews for Currency Trading For Dummies
24 ratings3 reviews
- Rating: 5 out of 5 stars5/5All around a great basis for anyone who wants to try their hand in the fast paced world of ForEx trading!
- Rating: 5 out of 5 stars5/5Its a real good read for a trader looking to elevate his game
- Rating: 5 out of 5 stars5/5good book for beginner, lot fo explains. I like wery much